Aalo Atomics raises $100M to build a microreactor and data center together | TechCrunch

News Source : TechCrunch
News Summary
- Aalo Atomics is raising $100 million in a Series B.
- The startup plans to flip the switch on its first reactor in the summer of 2026.
- The facility will be located on the campus of the Idaho National Laboratory.
- Aalo says it aims to deliver electricity at 3 cents per kilowatt-hour, a price that would make it competitive with new natural gas power plants and solar farms built today.
- If the company can prove its approach works, it says it will build thousands of Aalo Pod power plants.
Nuclear startups have been soaking up attention from hyperscalers and cash from investors. Aalo Atomics is the latest beneficiary of the big techsmall nuclear love affair, raising $100 million in a [+2333 chars]